CoreSite Announces Strategic Realignment of Sales and Marketing Organization

  CoreSite Announces Strategic Realignment of Sales and Marketing Organization

Business Wire

DENVER -- January 27, 2014

CoreSite Realty Corporation (NYSE:COR), a provider of network-dense,
cloud-enabled enterprise-class data center products and services, today
announced the realignment of its Sales and Marketing resources designed to
create a more efficient and effective go-to-market platform, as well as
streamline the operating structure. The realignment will include the
elimination of the chief operating officer role.

As part of the realignment, CoreSite has appointed Steven Smith as senior vice
president of sales, effective January 27, 2014. In this role, Mr. Smith is
responsible for overseeing all of CoreSite’s sales organization, including
direct sales, indirect partner channel and sales enablement. Mr. Smith brings
nearly 20 years of management experience in building and leading sales and
technical organizations. He most recently served as a Regional Vice President
for SAP (NYSE:SAP), a business software company, where he led large enterprise
sales across application portfolios, including enterprise resource planning
(ERP), big data, customer relationship management (CRM), cloud and mobile.

CoreSite’s marketing and product organizations will continue to be led by
Brian Warren, CoreSite’s senior vice president of marketing and product
management. Mr. Warren held responsibility over both organizations during his
first year at CoreSite beginning in 2011 and has again been responsible for
them since November, 2013.

Jarrett Appleby is leaving his position as chief operating officer to pursue
other opportunities. Under the new alignment, Messrs. Smith and Warren will
report to Tom Ray, president and chief executive officer. Additionally, Jeff
Finnin, CoreSite’s chief financial officer, will assume oversight
responsibilities for the facilities and operations organizations which are led
by Billie Haggard, senior vice president of data centers and Dominic Tobin,
senior vice president of operations, respectively.

“We thank Jarrett for his many contributions to CoreSite and wish him well in
his future endeavors,” said Tom Ray. “We are excited to welcome Steve Smith to
the CoreSite team. With his deep background and relationships across the
technology landscape and his proven success among our target customers, Steve
is well-positioned to hit the ground running leading our sales organization.
We are pleased to have Steve join our senior leadership team.”

About CoreSite

CoreSite Realty Corporation (NYSE:COR) delivers secure and reliable data
center solutions across eight key North American markets. CoreSite
connects,protects and delivers an optimal performance environment and
continued operation of mission-critical data and IT infrastructure for
enterprises andInternet, private networking, mobility, and cloudservice
providers. CoreSite'sscalable platform of over two and a half million square
feet of efficient, network-dense, cloud-enabled data center capacity enables
customers to accelerate business performance, reduce operating costs and
increase flexibility across their IT and communications systems. CoreSite's
350 professionals deliver best-in-class service by placing customer needs
first in supporting the planning, implementation and operating requirements
foundational to delivering reliable, secure and efficient IT operating
environments.

More than 750 of the world’s leading enterprises, carriers and mobile
operators, content and cloud providers and media and entertainment companies
choose CoreSite to connect, protect and optimize their performance-sensitive
data, applications and computing workloads. CoreSite provides valuable
gateways to global business opportunities with direct access to more than 275
carriers and ISPs, inter-site connectivity and CoreSite'sOpen Cloud Exchange,
which supports rapid, efficient and scalable Ethernet access to multiple key
public clouds, enabling simple, flexible, multiple-cloud capabilities.

For more information, visitwww.CoreSite.com.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning
of the federal securities laws. Forward-looking statements relate to
expectations, beliefs, projections, future plans and strategies, anticipated
events or trends and similar expressions concerning matters that are not
historical facts. In some cases, you can identify forward-looking statements
by the use of forward-looking terminology such as "believes," "expects,"
"may," "will," "should," "seeks," "approximately," "intends," "plans," "pro
forma," "estimates" or "anticipates" or the negative of these words and
phrases or similar words or phrases that are predictions of or indicate future
events or trends and that do not relate solely to historical matters.
Forward-looking statements involve known and unknown risks, uncertainties,
assumptions and contingencies, many of which are beyond CoreSite's control,
that may cause actual results to differ significantly from those expressed in
any forward-looking statement. These risks include, without limitation: the
geographic concentration of CoreSite's data centers in certain markets and any
adverse developments in local economic conditions or the demand for data
center space in these markets; fluctuations in interest rates and increased
operating costs; difficulties in identifying properties to acquire and
completing acquisitions; significant industry competition; CoreSite's failure
to obtain necessary outside financing; CoreSite's failure to qualify or
maintain its status as a REIT; financial market fluctuations; changes in real
estate and zoning laws and increases in real property tax rates; and other
factors affecting the real estate industry generally. All forward-looking
statements reflect CoreSite's good faith beliefs, assumptions and
expectations, but they are not guarantees of future performance. Furthermore,
CoreSite disclaims any obligation to publicly update or revise any
forward-looking statement to reflect changes in underlying assumptions or
factors, of new information, data or methods, future events or other changes.
For a further discussion of these and other factors that could cause
CoreSite's future results to differ materially from any forward-looking
statements, see the section entitled "Risk Factors" in CoreSite's most recent
annual report on Form 10-K, and other risks described in documents
subsequently filed by CoreSite from time to time with the Securities and
Exchange Commission.

Contact:

CoreSite Investor Contact
Greer Aviv, +1 303-405-1012 / +1 303-222-7276
CoreSite Investor Relations Director
Greer.Aviv@CoreSite.com
 
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